Multifunction Printers

Against a backdrop of global economic uncertainty and fluctuating customer demand, print business leaders face a number of challenges in 2024. However, the large format printing market continues to grow at a steady rate, with technology adoption and new application innovations powering progress. We see several trends that, if approached in the right way, represent opportunities for print service providers (PSPs) to truly thrive in the year ahead.

Automating Workflows With

80% of businesses worldwide automating processes, automation is increasingly important as organisations continue to navigate macro issues such as labour shortages. Automation also boosts the speed print firms can operate at, improves the accuracy of projects, and identifies errors - enabling PSPs to find new ways to streamline operations.

As businesses run digital presses on a 24/7 basis, we expect to see a greater uptake of automated services, and the arrival of new tools to better meet PSP needs. By running businesses and print jobs through platforms like HP Print OS, print firms can unlock previously unseen efficiencies – such as through data analysis of operations, unattended printing or removing repetitive and time-consuming processes.

Whilst the impact of artificial intelligence (AI) is still emerging in the large format sector, in the medium to long term, firms that have already implemented a highly automated infrastructure will be the ones most likely to benefit from AI-influenced advances in the future, such as predictive maintenance.

Sustainability is Profitability

Research shows that 85% of PSP customers now demand sustainable products and practices. Increasing demand for more sustainable goods reflects the consumer shift in values and awareness of the planet’s health. Print firms will continue to recognise this in 2024 and embed sustainable practices where possible.

For this reason, water-based and odourless inks will be sought after, allowing print professionals to say yes to a wider range of jobs, including sensitive indoor environments. The fact more than one in five printers sold in the large format market is an HP Latex device, is proof that this trend is already well underway.

However, print firms will need to look beyond ink and also consider how substrates can be procured and disposed of in a sustainable way. Although progress has been made, the industry must continue to find alternatives to materials such as PVC by investing in new media and research to discover and elevate sustainable solutions.

Greater focus will also be placed on the energy efficiency of printers, as well as extending the lifespan of hardware through easy recycling options when a device reaches end of life. Vendors will be required to step up and support print firms in becoming more sustainable by practice - via programs like HP Planet Partners which provides recycling options for both supplies and hardware.

Print and Protect

Remote working prompted a rise in the volume and variety of malware attacks over the last four years. In an increasingly connected world, businesses will remain vulnerable. This is particularly true for small and medium sized businesses (SMBs), that have lower budgets and a lack of dedicated IT support. Research shows nearly half of SMBs have experienced a cyber security incident within the past year, while over two thirds don’t consider security until after an incident.

As the web of connected devices in office spaces become more sophisticated, and with the advent of AI, the cyber security landscape will become even more complex in 2024.

There is an opportunity to redesign and rebuild a digital ecosystem of tools that help businesses securely manage their end-point devices and data. Printers are often a forgotten endpoint, giving hackers a way into a network. However, with more security-conscious solutions on the market, like HP’s Wolf Security-enabled DesignJet range, SMBs will begin to turn the tide on cyber criminals.

Personalisation and Co-created Content

In an increasingly commoditised world, PSPs will stand out and win business in 2024 with customisable offerings. Brands are seeking ways to differentiate themselves from competitors, while end consumers have shown appetite for personalised or ‘limited edition’ products and experiences. According to research by Sparks & Honey, the expected value of the personalised items market will reach $201bn by 2026, up 49% from 2021. Meanwhile, 70% of shoppers are willing to pay at least 10% more for customised or unique products.

We are seeing creative platforms such as Canva increasing end users’ design capabilities, giving them more ways to personalise print products such as wallpaper. HP recently released a trends report which highlights that the digitally printed wallpaper market is predicted to grow at an annual rate of 23.6% until 2025, reaching a total value of $10.4 billion.

Brands will increasingly base their marketing strategies around ‘user-generated’ or ‘co-created’ content - campaigns that tell the stories of their customers and speak directly to them. According to marketing analytics firm WARC, such approaches have become the number one most effective way to reach Gen Z and millennial audiences.

With the right technology, print firms will be the enablers of this growing trend, and become trusted partners for brands. At a hardware level, firms will need digital print technology capable of handling a range of specifications, delivering short runs, and accommodating fast turnarounds. However, the ecosystem around the device will become even more key in 2024, ranging from the software firms are embedding to manage operations, to ensuring staff are upskilled to harness the latest tools coming to market.

Transforming Our World by Design in 2024

Print businesses have been evolving year on year, and turbulence in recent years has only accelerated the pace of change. Large format print providers are displaying resilience and creativity, and the industry will continue to thrive this year in a more connected, automated, sustainable and secure environment.

About HP

HP Inc. is a global technology leader and creator of solutions that enable people to bring their ideas to life and connect to the things that matter most. Operating in more than 170 countries, HP delivers a wide range of innovative and sustainable devices, services and subscriptions for personal computing, printing, 3D printing, hybrid work, gaming, and more.

HP Inc. has introduced a range of new Latex large format print solutions to help print service providers diversify their offerings and meet more challenging customer needs. After a year of business disruption across the large format industry, the HP Latex 700 and 800 series brings a suite of features that enable PSPs to be more agile, tackle ambitious projects and take on the highest value work. The new portfolio also delivers fast workflows that help businesses hit deadlines, while sharpening their sustainability edge.

HP Latex 700 / 800 Series Printers

The new HP Latex range consists of four devices – the HP Latex 700 and 800, and the HP Latex 700W and 800W which offer white ink capability for the first time in this category. It is the whitest white ink available on the market that does not yellow over time, enabling print businesses to produce neater outlines and add more contrast to darker spots.

Meanwhile, updated printheads possessing more nozzles and producing speeds of up to 36 m2/hr (388 ft2/hr) allow the HP Latex 800 and 800W to offer 50% higher productivity levels compared to previous HP models. Print jobs executed on the new 700/800 Series will deliver with vivid colours and finer image and text details, even at faster print speeds. Operationally, HP PrintOS also enables PSPs to monitor and control their print fleet using a cloud-based interface they can use virtually anywhere, anytime.

Recent HP research reveals that 85% of PSP customers now demand sustainable products and practices. To meet this requirement, the new Latex products continue to build on HP’s long-lasting commitment to sustainable printing. All four devices in the HP Latex 700 and 800 series use the HP Eco Carton – a cartridge made with cardboard material, reducing the amount of plastic used by 80%. HP’s water-based inks are also kinder to the environment.

Improved HP Latex Print and Cut Plus

In related news, HP has also introduced an updated Latex Print and Cut portfolio that is fully compatible with the Latex 700 and 800 Series. Equipped with the latest Raster Image Processor (RIP) software and completely new contour cutters, the devices allow for improved usability - making jobs easier and more intuitive than ever for signage and decorative printed applications.

The HP Latex Print and Cut Plus Portfolio includes the following products:

• HP Latex 335 Print and Cut Plus Solution
• HP Latex 315 Print and Cut Plus Solution
• HP Latex 115 Print and Cut Plus Solution
• HP Latex 64 Plus Cutting Solution
• HP Latex 54 Plus Cutting Solution
• HP Latex 54 Basic Plus Cutting Solution

Updated features include optimized cutting accuracy through the enhanced Optical Position System (OPOS) configurations. As part of this improvement, the HP cutter reads the black inner lines along the job and carries out additional measurements, further aided by new HP barcodes located on the printed sheets to identify jobs. Cutting on the new Latex 64 and 54 Plus Cutting Solutions is enhanced by a higher cutter downforce of up to 600 grams.  This provides the necessary pressure to deliver accurate cutting performance even on thicker media.

The user experience on the colour touchscreen interface is highly responsive and includes an improved menu, making the entire solution simple to work with. The media basket also features a refined design and now has a smaller footprint when folded, enabling businesses to make better use of space.

Revamped HP PageWide XL 

Completing the announcements from HP are the new additions to the HP PageWide XL suite of large format print solutions. Aimed at enterprise and mid-market companies, as well as print reprohouses serving the architecture, engineering and construction industries, the new HP PageWide XL devices provide fast, simple, and secure solutions.

The new range includes the following printers:

• PageWide XL 3920 MFP
• PageWide XL 4200 Printer and MFP
• PageWide XL 4700 Printer and MFP
• PageWide XL 5200 Printer and MFP
• PageWide XL 8200 Printer

The new HP PageWide XL printers deliver on the productivity needs of users while offering an improved experience. With the 4200, 4700 and 5200 models boasting a larger front panel - increased to 15.6 inches (from 8 inches) - it is easier for users to preview real-time scans and undertake more complex printing tasks. Additionally, for the first time, users can carry out post-editing tasks, including crop, contrast, brightness, and rotation directly from the panel.

For IT managers and CAD designers at enterprise and mid-market businesses, security is a major priority. The new PageWide XL solutions respond to this with new features to protect businesses in an increasingly connected world; including HP SecureBoot, Whitelisting and HP Connection Inspector - making the new PageWide XL range the world’s most secure large format printers.

Availability

The HP Latex 700 and 800 Series, the updated HP Latex Cut and Print Plus Solution, as well as the new additions to the PageWide XL portfolio, are expected to be available from all major markets starting Early February.

About HP Inc.

HP Inc. (NYSE: HPQ) creates technology that makes life better for everyone, everywhere. Through our product and service portfolio of personal systems, printers, and 3D printing solutions, we engineer experiences that amaze. More information about HP Inc. is available at www.hp.com.

Working together just got simpler. Meet HP’s app-based and cloud connected multi-function printer portfolio designed for the architecture, engineering and design community. With seamless set-up and cloud-based connectivity, the portfolio is designed to print, scan and copy from virtually anywhere, with smart apps, interfaces and overall fewer “clicks” to print. Easy and direct “ready when you are” printing means teams of all sizes can better collaborate and move projects forward faster and more efficiently.

The new HP DesignJet T1600 printers and T2600 MFPs, and HP DesignJet XL 3600 MFP are the latest additions to the world’s most secure Large Format printers.¹ HP’s security technology provides the best network protection and keeps the fleet secure, to help prevent print related data loss that can cost $400,000 on average per year.²

HP is also introducing HP PageWide XL 3900 to help teams boost efficiency. Completing the portfolio are new printers for small business and home. The new HP DesignJet T100 and T500 are compact and designed to complement smaller workspaces requiring faster data and mobile communications.  “7 out of 10 architects are being regularly interrupted during work to print for colleagues.³ This seemingly small challenge means there is friction that is holding them back from the next great project,” says Guayente Sanmartín, general manager and global head, HP Large Format Design Printing. “HP is leading the transformation in Large Format for small to medium-size businesses so the workplace printing experience feels as smart and easy as it does at home, enhanced with security for peace-of-mind.”

The new HP DesignJet T1600 and T2600, HP DesignJet XL 3600 MFP, and HP PageWide XL 3900 MFP features:

HP DesignJet T1600 and T2600 – Engineered for collaboration

• Scan
  Capturing changes is easier than ever with background removal, skew and quick sets.

• Easy and direct printing 
  The new 15.6” smart interface allows easy access to project folders or USB files directly from the touchscreen of the device with a few clicks.

• HP Click
  The HP Click printing software allows for easy printing of project sets and PDF documents, with two times less clicks. ⁴

• HP Smart
  The HP Smart app enables printing and scanning capabilities for individuals on the go, using mobile devices.
• Speed
  With printing speeds up to 170 A1/h, project delivery times unleash superior performance and completion rates.
• Automatic Stacking
  The printers provide ready to use multi-size stacking from A4 to A0 – up to 100 A1.
• Security
  HP Secure Boot and Whitelisting keep your network protected, while HP JetAdvantage Security Manager keeps fleets secure.

HP DesignJet XL 3600 MFP – A new standard with the most immediate and robust MFP in the market

The HP DesignJet XL 3600 MFP was designed to create a new standard of reliability. It is optimised to deliver immediate results through the fastest first page out in the market, so that designers do not need to wait in front of the printer.

• Sustainable hardware
  The printer is comprised of 25% recycled parts.⁵
• Lower running costs
  The printer is designed to reduce running costs, with up to 10 times less energy consumption than comparable LED printers.⁶
• Reduced footprint
  A good fit for the office and environment, the printer is more compact than previous models and produces 30% less footprint.⁷
• Silent operation
  With noise levels reaching a maximum of 42db, the printer operates silently to complement office spaces.⁸
• Easier media handling
  The integrated top stacker holds up to 100 pages. 2 spindle-less drawers enable automatic media loading.
  2-in-1 features consolidate monochrome and colour printing into a single device.
• Security
  HP Secure Boot and Whitelisting keep your network protected, while HP JetAdvantage Security Manager keeps fleets secure.

HP PageWide XL 3900 MFP Printer – New addition to the production portfolio

To complement the production portfolio for technical departments, HP is also introducing HP PageWide XL 3900 to help teams work even faster, save costs and consolidate two devices into one with mono and colour printing.

• Fast access to prints
  HP Click and intuitive scanning workflows enable impressive production delivery, with both instant and sustained speeds at 6 pages per minute and easy submission.⁹
 
• Keeps costs under control
  The HP Smart Tracker software uses half the power consumption and tracking capabilities, running at lower cost than LED. 
• Device consolidation
  Combining colour technology and workflow efficiency, the printer delivers stunning prints with vivid colours, crisp lines, fine detail, and smooth grayscale that beat LED.¹⁰

HP DesignJet T100/T500 – Simplified large format printing designed with a smaller footprint

Ideal for architecture studios and AEC offices preferring a smaller footprint, the HP DesignJet T100/T500 printers are HP’s most affordable plotters, offering a convenient solution for on-demand printing. The printers are also the first DesignJet plotters capable of automating repetitive workflows.

• Built-in small format tray
  The 2-1 built-in A3 and A4 paper trays enable seamless printing of quality drawings. 
• HP Bright Office Inks
  HP Bright Office Inks allow for high quality printing on a wide range of applications, including sharp lines and precise details with up to 2400 DPIs and original HP-GL/2 compatibility. 
• HP Click
  The HP Click function makes PDF printing simple with just one click, optimising media usage and costs while achieving error free printing for projects including batch printing. 
• HP Poster App
  The HP Poster App is an easy online design tool with thousands of free templates which can be used to create and print professional posters. 
• HP Smart
  The HP Smart app allows mobile printing through smartphone devices, with easy access to files saved on online repositories. The Smart Task feature allows printing, uploading files to cloud, and sharing with relevant teams through email in one process. 

Pricing and Availability

Information on country availability, pricing, and retail destinations vary region by region.¹¹

About HP

HP Inc. creates technology that makes life better for everyone, everywhere. Through our product and service portfolio of personal systems, printers, and 3D printing solutions, we engineer experiences that amaze. More information about HP Inc. is available at http://www.hp.com.

1 Applicable to the HP DesignJet T1700 Printer series, HP DesignJet Z9⁺ PostScript® Printer series, and HP DesignJet Z6 PostScript® Printer series, HP DesignJet XL 3600 Multifunction Printer series, HP DesignJet T2600 Multifunction Printer series, and HP DesignJet T1600 Printer series. Advanced embedded security features are based on HP review of 2019 published embedded security features of competitive printers, as of February 2019.


2 Quocirca, Global Print Security Landscape (2019). According to Quocirca, “Print related data breaches are frequent and costly. 11% of all security incidents are print related, equating to an average of nine print-related incidents per year. 59% of these lead to data losses, costing an average of £313,000 per-annum to deal with. Other impacts include lost productivity and revenue.” For more information, please see: https://quocirca.com/wp-content/uploads/2019/02/Quocirca-Print-Security-Feb-2019-Final-Web.pdf


3 HP Internal Research (2018). One of the main learnings resulting from the research carried out by the Customer Experience and Design team in relation to workgroup environments was that in 76% of architectural offices, people with large format printing needs ask content creators to print for them monthly, creating a potential source of conflict within the office. The study was done with a total sample of 27 customers including: a c-space survey, call interviews, in-house usability tests and field visits.


4 Based on comparable submission printing software from competition. Printing a 5-page project of PDF Mixed job set containing A1 size landscape and portrait documents.


5 See product data sheet for more information.


6 Based on comparable printers using LED technology and capable of printing 4-6 D/A1 pages per minute and which represent more than 70% of the share of low-volume LED printers in the US and Europe according to IDC as of November 2018. Conclusions based on internal HP testing for a use scenario printing a 100% print-coverage plot on a 914mm plain paper roll, while an original plot is scanned, resulting of an average of 120W. This measure is used to obtain the safety CB Report Certificate under IEC 60950-1.


7 Based on comparable printers using LED technology and capable of printing 4-6 D/A1 pages per minute and which represent more than 40% of the share of low-volume LED printers in the US and Europe according to IDC as of November 2018. Measure done considering operational footprint (with the media drawer open).


8 Based on comparable printers using LED technology and capable of printing 4-6 D/A1 pages per minute and which represent more than 70% of the share of low-volume LED printers in the US and Europe according to IDC as of November 2018. Most quiet operation according to internal HP testing of operation mode and ready/sound mode sound pressure (plain paper, line drawing, normal mode) compared to published specifications of competitive printers and following ISO 7779.


9 See product data sheet for more information.


10 For output produced with HP PageWide XL printers and LED printers from different manufacturers and that represent greater than 50% of the annual shipments of LED printers in North America as of 2018 according to IDC. For testing criteria, see http://www.hp.com/go/pagewidexlclaims


11 Pricing and availability subject to change.

HP Inc. today announced the new HP DesignJet T830 24 inch multifunction printer, an ultra-compact, versatile large format printing solution for architects, engineers and construction teams to seamlessly collaborate onsite and across sites by printing, copying, scanning and sharing plans with a single device.

The 24 inch T830 joins the HP DesignJet T830 multifunction printer series creating a portfolio that can handle any size project, yet offering the same HP Designjet quality and reliability in what is now the most compact MFP device available on the market today.¹

“HP multifunction printers open new ways to help professional teams communicate and collaborate using a single device. Our customers are increasingly demanding solutions that enable them to share easily including agile transitions from digital to hard copy and back,” said Guayente Sanmartin, General Manager and Global Head, HP Large Format Design Printing, HP Inc. “It’s amazing to bring the most advanced HP printing technologies to support the teamwork of architects and engineers designing and building the future.”

In its first product demonstration, the 24 inch T830 printer will debut at Autodesk University, Las Vegas, November 14-16, in the HP booth (#A517).

In another HP DesignJet product development, HP announced the expansion of HP Click to all HP DesignJet T-Series printers. With no need for a driver, the software offers easy, simple one-click printing, plus drag and drop multi-page PDF printing and real-print preview, while optimising media usage and costs. New HP DesignJet T120 and HP DesignJet T520 printers now also offer faster printing speeds.²

Evolve team collaboration with HP DesignJet multifunction printers

Ideal for architecture studios and construction offices preferring a smaller footprint, the HP DesignJet T830 24 inch multifunction printer offers a convenient solution with a range of communications options than can help increase collaboration. Print, scan, copy and share drawings, project schedules, renders, presentations and more.

Benefits and features of the new printer include:

• Immediately share - project meeting results to peers and partners. Print A1/D sized printed in up to 26 seconds
• Wireless printing - from smartphone, tablet or computer with Wi-Fi Direct and HP Mobile Printing.³ 
• Use scanner - to make copies of originals for use in the field while preserving the master. 
• Copy - sketches and hand-annotated drawings for immediate team distribution.
• HP smart app - to share scanned images with email contacts, post to cloud 
• HP click printing - software for easy printing of project sets and PDF documents
• Flexibility to print half-sized documents - with A4/A3 input tray

1. The HP DesignJet T830 24 inch and 36 inch multifunction printers are the most compact large-format devices performing print/scan/copy functions based on H x W x L specifications published as of October, 2017

2. The 2018 edition HP DesignJet T120 prints one page in 45 sec. Both models print multiple-page A4 or letter-sized jobs from the A4/A3 input tray at a rate of 6 pages per minute.

3. Local printing requires mobile device and printer to be on the same network (usually Wi-Fi access points bridge wireless to wired connections) or have a direct wireless connection. Wireless performance is dependent on physical environment and distance from access point. Wireless operations are compatible with 2.4 GHz operations only. Remote printing requires an Internet connection to an HP web-connected printer. Wireless broadband use requires separately purchased service contract for mobile devices. Check with service provider for coverage and availability in your area. See http:www.hp.com/go/designjetmobility for more details.

Forward-Looking Statements

This news release contains forward-looking statements that involve risks, uncertainties and assumptions. If the risks or uncertainties ever materialize or the assumptions prove incorrect, the results of HP Inc. and its consolidated subsidiaries (“HP”) may differ materially from those expressed or implied by such forward-looking statements and assumptions.

All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including but not limited to any projections of net revenue, margins, expenses, effective tax rates, net earnings, net earnings per share, cash flows, benefit plan funding, deferred tax assets, share repurchases, currency exchange rates or other financial items; any projections of the amount, timing or impact of cost savings or restructuring and other charges; any statements of the plans, strategies and objectives of management for future operations, including the execution of restructuring plans and any resulting cost savings, revenue or profitability improvements; any statements concerning the expected development, performance, market share or competitive performance relating to products or services; any statements regarding current or future macroeconomic trends or events and the impact of those trends and events on HP and its financial performance; any statements regarding pending investigations, claims or disputes; any statements of expectation or belief; and any statements of assumptions underlying any of the foregoing.

Risk, uncertainties and assumptions include the need to address the many challenges facing HP’s businesses; the competitive pressures faced by HP’s businesses; risks associated with executing HP’s strategy; the impact of macroeconomic and geopolitical trends and events; the need to manage third-party suppliers and the distribution of HP’s products and the delivery of HP’s services effectively; the protection of HP’s intellectual property assets, including intellectual property licensed from third parties; risks associated with HP’s international operations; the development and transition of new products and services and the enhancement of existing products and services to meet customer needs and respond to emerging technological trends; the execution and performance of contracts by HP and its suppliers, customers, clients and partners; the hiring and retention of key employees; integration and other risks associated with business combination and investment transactions; the results of the restructuring plans, including estimates and assumptions related to the cost (including any possible disruption of HP’s business) and the anticipated benefits of the restructuring plans; the resolution of pending investigations, claims and disputes; and other risks that are described in HP’s Annual Report on Form 10-K for the fiscal year ended October 31, 2015, HP’s Quarterly Reports on Form 10-Q for the fiscal quarters ended January 31, 2016, April 30, 2016 and July 31, 2016, and HP’s other filings with the Securities and Exchange Commission. HP assumes no obligation and does not intend to update these forward-looking statements. HP’s Investor Relations website at http://www.hp.com/investor/home contains a significant amount of information about HP, including financial and other information for investors. HP encourages investors to visit its website from time to time, as information is updated and new information is posted.